Two weeks ago, the Centre placed two options before the states to compensate for the sharp drop in the GST revenues due to the pandemic. Karnataka opted for the first option under which the Centre will bear the entire principal and interest payments out of the GST cess levied on sin and luxury items.
Source: The Economic Times

Write a comment:

*
*Your email address will not be published

logo-footer

Designed & Developed by: Origamicx Digital Media